The Republic of Indonesia is the largest country in Southeast Asia by area, ranking 4th in the world by population and 8th in GDP.
It is a presidential republic by form of government.
The permanent population of the country exceeds 270 million inhabitants.
The state occupies the territory of the Malay Archipelago and part of the island of New Guinea.
The shores of the country are washed by the waters of the Pacific and Indian Oceans.
Indonesia is divided into 38 territorial units with the capital in Jakarta.
Indonesia, Bali
Indonesia, Bali
Indonesia, Bali
Indonesia, Bali
Indonesia, Bali
Indonesia, Bali
Indonesia, Bali
Indonesia, Bali
Indonesia, Bali
Indonesia, Bali
Indonesia, Bali
Indonesia, Bali
Indonesia, Bali
Indonesia, Bali
Indonesia, Bali
Indonesia, Bali
Indonesia, Bali
The economic well-being of Indonesia is due to the developed industrial sector, which brings in up to 50% of GDP. The most developed industries are food industry, chemical industry, textile industry, mechanical engineering and automobile manufacturing. The construction and real estate sectors are also developed, and numerous real estate developers operate in the country. Indonesia produces large amounts of oil and natural gas. Investment attractiveness of Indonesia.
The country is interesting not only for tourists, who come annually on average 15 million people, but also for businessmen who come to Indonesia to resolve business issues. At the same time, the developed tourism sector contributes to increased interest in the construction and real estate sectors. The main locations of interest to foreign investors are Bali, Lombok, Gili and Jakarta. The growth in real estate prices here is explained by the high interest from Indonesian and foreign buyers, as well as the increasing rental demand. There are several thousand local and international construction companies operating in the country, annually building new, modern residential and commercial properties to meet the high demand for quality real estate from locals and expats.
The Indonesian real estate market is served by several hundred thousand real estate agencies, as well as individual real estate agents specializing in the country's real estate. The high-quality work of experienced, qualified real estate agents leads to the establishment of civilized rules for working in the real estate market, increasing trust from sellers and buyers of real estate, and attracting new local and foreign investors.
Average real estate prices in various locations in Indonesia:
Indonesia has a growing, dynamic economy, the largest in Southeast Asia. The Indonesian islands attract real estate buyers from all over the world, but foreigners can only purchase real estate through a long-term leasehold or "right to use" (Hak Pakai), since full ownership is available exclusively to Indonesian citizens.
The procedure for purchasing real estate for foreigners includes the following steps:
When choosing real estate in Indonesia, especially on the popular island of Bali, it is important to first study the reviews and ratings of developers and real estate agencies operating in this location. Pay attention to companies with a good reputation, which stand out for the quality of construction and transparency of transactions. Study the reviews on our website and in the companies' own social networks to get a general idea of the professionalism of the employees. Use various sources of information to minimize risks and choose a quality property. Advice from people with real experience will help you make an informed decision and enjoy life in Bali and other places in Indonesia.
Start by studying offers from developers and agencies, but also try to get as many of your own impressions as possible. Fortunately, the Balinese are very open to communication, and you can freely discuss your options with locals.
Features of purchasing property from developers:
Pay attention to the following criteria:
In this text, we will share with you a travel plan to Indonesia on the island of Bali, offer a ready-made travel plan and briefly talk about the main attractions that form the main tourist attraction of the destination, as well as investment.
If you are considering a trip to Indonesia from the point of view of investing in real estate, then pay attention to the information on preparing for the trip below:
On the first day, you can rent a moped (a driver's license is not required). In Indonesia, traffic is on the left, most roads are well paved, but they are narrow and busy, especially in the cities. There are no traffic rules as such on the islands: the principles of mutual respect apply. It is difficult to walk along the streets on foot.
For a comfortable stay on the island, we recommend that you take care of buying a SIM card and exchanging currency. By the way, the dollar exchange rate can change both during the day and depending on the denomination. It is worth knowing that the Balinese love tips, often determining the amount from their change, including in banks and at gas stations. Be careful not to get into a funny situation. Local residents are friendly, open to communication and help. Most residents speak English.
On the islands of Indonesia, you can easily find hotels from $13 per night, and the room will have its own bathroom, air conditioning and breakfast. In addition, many hotels have beautiful views. But, despite the presence of desalination plants, in some hotels (for example, on Gili), the water from the shower and tap may be salty.
As for food, there are many local cafes - warungs, as well as restaurants with a variety of cuisine on the islands of Indonesia. We recommend you the excellent pastries of the Rusters restaurant, Savoury Seaweed waffles in Zest Ubud, dinner with a sunset view at Malini and a location with a unique interior - Dedari. Be sure to have dinner at one of the fish restaurants on the shore of Jimbaran.
Now we will offer you our travel plan. In total, our route took 21 days, as it included both inspection of real estate, research into the specifics of the local real estate market, and inspection of tourist attractions. For convenience, we will break it down by days and highlight the days on which we inspected promising real estate complexes in different regions of Bali and Gili. If you are limited in time, then choose the right day by location.
After checking into the Popolan villa in the suburbs of Ubud, go to Keramas beach. It is located near the village of the same name and is notable for its black sand, glittering in the sun like anthracite. Keramas is popular among surfers, but is not intended for swimming due to the coral reef located right next to the shore and strong waves, so there are few people here. There are several hotels, cafes, spas, and a small dolphinarium on the beach. Local residents offer tourists horseback riding. Keramas is simply made for walking, meditation, and yoga. Nearby is a large complex of villas with developed infrastructure and everything you need for a comfortable life, recreation, and education for your children - Parq Family Villa Complex.
The next stop on your trip will be Elephant Safari Park and Lodge. This reserve was founded in 1996 to save Sumatran elephants, and now there are 25 inhabitants. The park is located near the village of Taro, its area is 4.5 hectares. There are a thousand and one trees, many plants, and thirty-seven types of palm trees growing on the park's territory.
At the entrance, on the stands you can read the history of the reserve's creation, interesting information about elephants, and also see photographs of famous guests of the park. There is also a museum with a small but interesting exposition. The observation deck offers a view of the entire park and the elephants grazing below. Visitors can take photos with the elephants, wash them, feed them, or ride on the back of one of the giants. The reserve has a restaurant, a souvenir shop, and an art gallery.
The park organizes a night elephant safari through the forest, a “bathing and breakfast with elephants” tour, and hosts weddings in both European and Balinese traditions.
We will start your next day with the rice terraces of Alas Harum, the island’s calling card. It is worth visiting the terraces in the morning - it is not as hot and crowded as a few hours later.
The Alas Harum Bali coffee plantation is a full-fledged complex with photo zones in the form of swings, wicker statues and figures, with rice terraces for walking, attractions, restaurants, a three-level pool, and an observation deck. Here you will be told about the drink "Luwak". You have probably heard how this type of coffee is produced. Here they also organize tastings and you can buy coffee for yourself or as a gift.
This place is worth spending a whole day on. But in the evening you can head to the port with a ferry crossing on the western side of Bali to visit the volcano Ijen on the island of Java. You can discuss the transfer with the administration of your hotel. The car ride will take 6 hours. Late at night you will be in a hotel at the foot of the volcano.
The active volcano Ijen, over 2800 meters high, is a unique place that is definitely worth visiting at least once in a lifetime. It is as beautiful as it is dangerous. In the crater of the volcano there is a turquoise lake Kawah Ijen, about 200 meters deep, the water in it has a high content of sulfuric and hydrochloric acids and a temperature of about 60-70 degrees.
On the shore of the lake on the slope of the crater, sulfur comes to the surface in a liquid state, which, oxidizing in the air, produces a blue shimmer, visible in the twilight and darkness. During the day, workers extract sulfur, lifting 70 kg of sulfur from the crater in baskets, then collect it in carts and lower it to the foot, making several trips per day. They also offer tourists to buy sulfur figurines.
Groups of tourists go to the volcano at night, overcoming more than 3 km of a winding steep climb. The road to the volcano, and especially the descent into the crater, is very dangerous even in daylight, the path in the dark becomes even more difficult. Therefore, you can go to the top in the morning and not regret your decision: you, unlike returning tourists, will be lucky with the weather, and Ijen will appear before you in all its glory.
On the same day, you will return to Ubud.
You will find the second part of our investment trip on the page about Indonesian real estate developers.
Investing in real estate in Indonesia can be a profitable investment, especially in popular tourist areas. To make the right choice when buying real estate, and the investment process is safe and effective, check out the rating of Indonesian developers and reviews of Indonesian real estate agencies. This will help you get a complete picture of the market and choose a reliable partner. And if you are interested in a specific location, then check out the real estate agencies in Bali.
